By Peter Hoskins Business reporter
Ford and the United Auto Workers (UAW) union have reached a tentative deal to end a six-week strike.
The agreement would be the first settlement of strikes by 45,000 workers against Ford, General Motors (GM) and Chrysler-parent Stellantis.
The deal still needs to be approved by union leaders and members.
I don’t know what their goals were, or what else this deal includes, but I honestly hope that’s not “it”.
25% raise over 4.5 years is about 5.6% annually. That’s still less than inflation most years recently. Hope they also got other improvements to benefits or working conditions.
The article also says right to strike over plant closures. They could strike anyway, but that’ll mean Ford can’t fire them for it. Job security. Also according to the guardian, that 25% is after cost of living adjustments, so it’ll be an actual 25% and not chasing inflation.
Overall, I’d say that’s decent, but obviously it’s the auto workers who get to decide that.
Yeah, if they are happy, then I’m happy for them.
Union strong.